Southern - SO STOCK NEWS

Wendell Dallas has been appointed as the new president and CEO of Nicor Gas, following the retirement of John O. Hudson, III on April 22, 2022. Dallas comes with over 25 years of experience in the natural gas industry, having previously served as vice president of sales and marketing for Georgia Power Company. He will oversee Nicor Gas, the largest natural gas distributor in Illinois, which serves more than 2.2 million customers. Southern Company Gas, the parent company, serves approximately 4.3 million natural gas customers across four states.

On April 13, 2022, Alabama Power Company declared quarterly dividends on its preferred stock for the quarter ending June 30, 2022. Shareholders will receive payments of $1.05 to $1.23 per share based on the stock's par value, with a 5.00% dividend of $0.3125 per share for Class A Preferred Stock. Payments are scheduled for July 1, 2022, to shareholders on record by June 16, 2022. Alabama Power, a subsidiary of Southern Company (NYSE:SO), serves 1.5 million customers in Alabama.

Volta Inc. (NYSE: VLTA) has launched PredictEV^® Fleet, an AI-driven product designed for fleet electrification, in partnership with Southern Company (NYSE: SO). This collaboration aims to facilitate effective electrification strategies for fleets, utilizing machine learning and data analytics to recommend EVs and calculate cost savings. Southern Company plans to electrify 50% of its fleet by 2030. The PredictEV Fleet supports utilities in managing grid demands associated with increased electrification.

Southern Company has announced the launch of PredictEV® Fleet, a new tool developed in partnership with Volta Inc. (NYSE: VLTA) to assist businesses in transitioning their commercial vehicle fleets to electric vehicles (EVs). This software analyzes current vehicle data to provide recommendations on EV options, charging equipment, cost savings, and available incentives. Southern Company aims to leverage this innovation to meet rising EV demand and enhance customer sustainability efforts. This aligns with their goal of electrifying 50% of light-duty vehicles by 2030.

Southern Company will announce its first quarter 2022 earnings on April 28, 2022, at 7:30 a.m. EDT. The conference call, led by CEO Thomas A. Fanning and CFO Daniel S. Tucker, will take place at 1 p.m. EDT on the same day, targeting financial analysts. Investors and the public can access a live webcast and a replay for 12 months via the company's investor relations page. Southern Company serves 9 million customers through its subsidiaries, focusing on clean, reliable energy solutions.

Chattanooga Gas reminds communities to "Call Before You Dig" during April's Safe Digging Month. Customers should contact 811 to have underground utility lines marked prior to any digging projects, including installations and landscaping. The service is free and legally required. Key guidelines include allowing time for markings, respecting utility markers, and excavating carefully. Chattanooga Gas serves around 68,000 customers in Hamilton and Bradley counties, providing retail natural gas sales and transportation services. For more details, visit chattanoogagas.com.

Atlanta Gas Light emphasizes the importance of safe digging as warmer weather arrives, urging communities to 'Call Before You Dig' during Safe Digging Month this April. Customers are encouraged to dial 811 to have underground utility lines marked before starting any outdoor digging projects. This service is free and legally required. The company offers guidelines for safe digging, including respecting marked lines and excavating carefully. Atlanta Gas Light serves over 1.6 million customers in Georgia and operates under Southern Company (NYSE: SO).

Southern Power announced that its battery-based energy storage projects at the Tranquillity and Garland solar facilities in California are now fully operational. These projects aim to enhance California's grid reliability by providing additional flexible resource capacity. The Garland facility will add 88 MW and 352 MWh, while Tranquillity will contribute 72 MW and 288 MWh of storage. These projects are backed by a 20-year power purchase agreement with Southern California Edison and align with Southern Power's growth strategy of securing long-term contracts with credible partners.